Novartis Other Current Liab from 2010 to 2024

NVS Stock  USD 104.28  0.43  0.41%   
Novartis Other Current Liabilities yearly trend continues to be comparatively stable with very little volatility. Other Current Liabilities will likely drop to about 11 B in 2024. From the period from 2010 to 2024, Novartis Other Current Liabilities quarterly data regression had r-value of  0.47 and coefficient of variation of  20.19. View All Fundamentals
 
Other Current Liabilities  
First Reported
2000-06-30
Previous Quarter
11.9 B
Current Value
15.1 B
Quarterly Volatility
5.2 B
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Novartis financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Novartis' main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.7 B, Interest Expense of 550.6 M or Selling General Administrative of 15 B, as well as many indicators such as Price To Sales Ratio of 3.86, Dividend Yield of 0.0241 or PTB Ratio of 3.23. Novartis financial statements analysis is a perfect complement when working with Novartis Valuation or Volatility modules.
  
Check out the analysis of Novartis Correlation against competitors.

Latest Novartis' Other Current Liab Growth Pattern

Below is the plot of the Other Current Liab of Novartis AG ADR over the last few years. It is Novartis' Other Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Novartis' overall financial position and show how it may be relating to other accounts over time.
Other Current Liab10 Years Trend
Slightly volatile
   Other Current Liab   
       Timeline  

Novartis Other Current Liab Regression Statistics

Arithmetic Mean12,796,648,058
Geometric Mean12,455,933,604
Coefficient Of Variation20.19
Mean Deviation1,779,261,813
Median12,728,000,000
Standard Deviation2,583,188,027
Sample Variance6672860.4T
Range10.3B
R-Value0.47
Mean Square Error5567064.2T
R-Squared0.23
Significance0.07
Slope274,175,455
Total Sum of Squares93420045.4T

Novartis Other Current Liab History

202411 B
202312.6 B
202214.7 B
202115.5 B
202015.1 B
201915.4 B
201814.2 B

About Novartis Financial Statements

Novartis shareholders use historical fundamental indicators, such as Other Current Liab, to determine how well the company is positioned to perform in the future. Although Novartis investors may analyze each financial statement separately, they are all interrelated. The changes in Novartis' assets and liabilities, for example, are also reflected in the revenues and expenses on on Novartis' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Other Current Liabilities12.6 B11 B

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Additional Tools for Novartis Stock Analysis

When running Novartis' price analysis, check to measure Novartis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Novartis is operating at the current time. Most of Novartis' value examination focuses on studying past and present price action to predict the probability of Novartis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novartis' price. Additionally, you may evaluate how the addition of Novartis to your portfolios can decrease your overall portfolio volatility.